FBR & Co (FBRC) Sets New 12-Month Low at $13.27
FBR & Co (NASDAQ:FBRC) shares reached a new 52-week low on Friday . The stock traded as low as $13.27 and last traded at $13.27, with a volume of 14,254 shares traded. The stock had previously closed at $13.64.
Several research firms recently weighed in on FBRC. TheStreet cut shares of FBR & Co from a “hold” rating to a “sell” rating in a research report on Wednesday, August 17th. Zacks Investment Research cut shares of FBR & Co from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 19th.
The firm has a 50-day moving average of $14.56 and a 200-day moving average of $17.01. The company’s market cap is $91.77 million.
FBR & Co (NASDAQ:FBRC) last announced its earnings results on Thursday, July 14th. The company reported ($1.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $1.19. The business earned $20.90 million during the quarter. On average, equities analysts anticipate that FBR & Co will post ($1.45) EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, August 26th. Shareholders of record on Friday, July 29th were given a $0.20 dividend. The ex-dividend date was Wednesday, July 27th. This represents a $0.80 annualized dividend and a yield of 6.04%.
In other news, Director Mark Robert Patterson bought 5,000 shares of the company’s stock in a transaction on Thursday, June 16th. The shares were acquired at an average cost of $16.00 per share, with a total value of $80,000.00. Following the completion of the transaction, the director now owns 225,042 shares of the company’s stock, valued at approximately $3,600,672. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.